Hot answers tagged loss-sharing
3
Before discussing your specific numbers, it is important to note that in the US anyway, there is no requirement that losses be split the same way as profits. In fact it is often desirable that they be split according to some other formula due to the various participants being in quite different tax situations. In fact the at risk provisions of the income tax ...
2
Do not downplay your entrepreneurial experience. Our entire executive team had at least 1 or 2 "misses" in their careers each and that is what makes us more resilient and flexible.
Even at junior levels I love seeing folks who have at least tried to run a small business. It is extremely valuable experience.
And if someone has an issue with entrepreneurial ...
1
Is the P&L Management important for the job position you'll be applying? If so, I believe you should mention it, otherwise, it's irrelevant and I believe you can skip it, or put a simple reference to it as one of the many things you were also doing as an entrepreneur.
My (obvious) advice: focus on what's important and interesting when applying to a job ...
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